Pick of the early market news

Another ugly day for the FTSE 100, down -27.90 points to 5,437. The biggest losers were IAG, down -5.96%, and Kazakhmys, down more than -4%. Greek nerves saw the German Dax dip almost -0.80% yesterday.

Overnight in Asia the Hang Seng crashed by almost -2.8% with the Australian S&P/ASX 200 also plunging -2.8% on the Greek impasse.